HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Shanghai shutdowns are wo...

Tue Apr 26, 2022, 04:20 PM

Shanghai shutdowns are worsening shortages

Thousands of air fryers are stuck in factories, warehouses and ports in central China, where shutdowns have stalled millions of dollars worth of inventory for Yedi Houseware, a family-run business in Los Angeles.

How quickly those backlogged appliances make it to the United States could have wide-ranging implications across the U.S. economy, as domestic manufacturers and retailers brace for another round of disruptions from recent covid-related shutdowns in Shanghai, China's largest city. White House officials are paying close attention to the disruptions to monitor the potential impact on the U.S. economy.

"Things are getting crazy again," said Bobby Djavaheri, the company's president. "Everything is halted. There are closures this very minute that are adding to the supply chain nightmare we've been experiencing for two years."

Other executives are dealing with similar scrambles as the situation in China appears to change every day, sweeping up many different sectors.

https://www.yahoo.com/news/everything-halted-shanghai-shutdowns-worsening-103816660.html

Offshoring our manufacturing was supposed to save us money.

0 replies, 523 views

Reply to this thread

Back to top Alert abuse

Reply to this thread